All News articles – Page 5
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NewsHigh-profile German Banker on trial for fraud
In a headline-grabbing trial taking place this week in Bonn, a top German banker, Christian Olearius, is facing accusations of involvement in a vast multibillion-euro tax fraud scheme known as “cum-ex” or dividend stripping.
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NewsRockefeller Foundation accelerates ESG commitment
The Rockefeller Foundation is making greater efforts in Environmental, Social, and Governance (ESG) endeavours by pledging to funnel $1 billion into sustainability projects over the next five years.
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NewsCybersecurity allegations force Verizon to pay out $4.1 million
Verizon Business Network Services, a subsidiary of the telecom giant, will make a $4.1 million settlement payment in the wake of allegations of falling short on cybersecurity standards, the US Justice Department revealed recently.
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NewsClients and customers tired of businesses overstating ESG credentials
Businesses’ increasing emphasis on their environmental, social, and governance (ESG) credentials may be putting people off doing business while raising concerns of greenwashing, a survey suggests.
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NewsThe #Risk Awards 2023 finalists revealed
The most inspiring organisations, teams and leaders from all aspects of governance, risk and compliance (GRC), ESG, and Culture have been shortlisted ahead of the #RISK Awards Grand Final.
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NewsTikTok brings in British cybersecurity firm to shore up data protection
TikTok has taken a significant step towards enhancing its data security programme by enlisting the services of British cybersecurity firm NCC as part of “Project Clover.”
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News#RISK Amsterdam is supporting three brilliant sustainability projects
We are delighted to be partnering with Pinwheel who are bringing corporate funding to the most impactful planet restoration projects on earth.
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NewsFormer Australia captain warns against greenwashing as Rugby World Cup begins
Former Australian captain, David Pocock has sent out a stark warning against the risks of greenwashing ahead of the Rugby World Cup which starts tomorrow in Paris.
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NewsCloud data breaches caused mostly by human error
A report has identified human error as one of the main causes of cloud infrastructure data breaches.
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NewsEU issues greenwashing warning amid investments into biodiversity
The European Securities and Markets Authority (ESMA) has put out new warnings of corporate ESG greenwashing after recording an uptick in investments into biodiversity funds.
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NewsCollaboration central to new UK bill designed to fight financial crime
In its bid to become a global fintech centre and financial services leader, the UK has inadvertently made itself a larger target for the financial criminals, experts argue.
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NewsChatbot “prompt injection” risk issued by NCSC
Anxieties are now arising from the fact that chatbots interact with third-party applications and services, making them susceptible to malicious prompt injection.
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NewsJapan’s cybersecurity data breach a stark reminder of global cyber risk
Japan’s National Center of Incident Readiness and Strategy for Cybersecurity (NISC) has suffered a major cyberattack that went undetected for about nine months, potentially exposing sensitive data.
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NewsMeta pushing to halt data privacy infringement fines in Norway
Meta is seeking a court injunction in Norway to halt a significant fine imposed by the country’s data regulator due to privacy breaches on Facebook and Instagram.
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NewsRegulators will remain tough on financial crime despite global fall in violations
Regulators worldwide issued 97 fines related to financial crimes during this period, totalling $189 million. The downtick represents an 88 percent decrease from the previous year. Experts argue that this decline might be attributed to pandemic-related investigation backlogs and a heightened focus on strict compliance standards by financial firms.
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NewsTech giants manoeuvre to embrace EU’s Digital Services Act
The European Union’s (EU) Digital Services Act (DSA), set to take effect on Friday, August 25, 2023, is poised to bring significant changes to the way tech giants operate within the EU.
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NewsPolice use of facial recognition called into question in Czechia
The Data Protection Authority is looking for more information from the police regarding their employment of facial recognition systems, which have been going through trials for nearly a year. Critically, the country’s data protection office was not involved in the police force’s testing phase of the new tech.
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NewsIndia introduces new data protection laws
Indian lawmakers have passed a significant data protection law aimed at regulating tech companies’ processing of user data.
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NewsMassive data breach from US software firm exposes millions globally
A significant cybersecurity breach originating from a single American software maker has left a trail of exposure across more than 600 organisations worldwide, raising concerns about data security and digital privacy.
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NewsPICCASO Privacy Awards Europe Shortlist for 2023 Revealed
The PICCASO Privacy Awards Europe is delighted to announce its cohort of shortlisted individuals, teams, initiatives, and organisations for 2023.